The new English Premier League football season starts in just over a week, and we are already starting to see new customer offers emerge, and this means an opportunity to make some risk free money. For example, there is an offer doing the rounds from Tuesday 2nd August, to Thursday 4th August, giving new customers a massive 14/1 on Manchester United to win the Premier League this season. United are currently just 7/2 with the same bookmaker who are offering 14/1 for new customers. So how can I make money out of this offer? Well it is quite simple really. You will have to open a new account with the bookmaker (it's Coral), and when you have done that, you place your £20 in cash on Manchester United to win the Premier League. This means if Manchester United win the league, you will get £300 back. This is your £20 stake that you place on Manchester United, plus £280 winnings. To beat the bookies at their own game and guarantee yourself a profit from this is easy. You will need to open an account at a betting exchange (Betfair, for example), and you will need to then lay Manchester United to win the Premier League To lay a team in this manner is basically a bet on Man Utd not to win the Premier League. So you are in theory betting on the other 19 teams, as you would win if anyone other than Man Utd win the league. Manchester United are currently 4.7 to lay on Betfair. this means you could lay them for £20, and if Manchester United don't win the Premier League, you would get £20, This £20 would pay for your bet with Coral (should it lose). If United do win, you would lost £74 on Betfair (for your lay), but you would win £280 on Coral, meaning you are over £200 up. So you see, if you place your bet in this manner, you are guaranteed not to lose. This is a variation of matched betting, more information can be found at Football Betting Systems That Work, along with various other methods to beat the bookies. Making a slight adjustment to the above offer would make you risk free money no matter what the outcome. Simply place £20 on Man Utd at 14/1 with Coral, you get £300 if Utd win the Premier League. Then lay Man Utd for £40 on Betfair. That way if Man Utd win the league, you will get £280 in winnings back from Coral, but lose £148 on Betfair, giving you a profit of £132 on United winning the league. While if Utd don't win the league, you would lose £20 with Coral, but would win £40 on Betfair, giving you a profit of £20. You can readjust the amount you choose to lay Man Utd for on betfair, the more you lay, the less you win if Utd win the league, but you would win more if United don't win the league.
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8/2/2016 11:33:13 pm
For example, there is an offer doing the rounds from Tuesday 2nd August, to Thursday 4th August, giving new customers a massive 14/1 on Manchester United to win the Premier League this season.
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